Breaking News
Monero + Voluntaryism: Why the Philosophy of Liberty Is Essential (Derrick Broze - Monerotopia 2026)
Both Sides' Starting Ceasefire Positions Are: "We Won, You Surrender"
Iran Rejects US Proposed Ceasefire, Counters With 5 Conditions For Ending War, As US Troops En Route
Are "Energy Lockdowns" Coming to America?
Top Tech News
We Build and Test Microwave Blocking Panels - Invisible to Radar
Man Successfully Designs mRNA Vaccine To Treat His Dog's Cancer
Watch: Humanoid robot gets surprisingly good at tennis
Low-cost hypersonic rocket engine takes flight for US Air Force
Your WiFi Can See You. Here's How.
Decentralizing Defense: A $96 Guided Rocket Just Put Precision Warfare into the Hands of the People
Israel's Iron Beam and the laser future of missile defense
Scientists at the Harbin University of Science and Technology have pioneered a sophisticated...
Researchers have developed a breakthrough "molecular jackhammer" technique...
Human trials are underway for a drug that regrows human teeth in just 4 days.
EV Companies Not Using Iron LFP Batteries Are Doomed
LFP battery volume will be about 80% of the total battery market in 2024-2025. Nickel prices are increasing and LFP battery mass production will drive down their prices faster. Iron LFP batteries could become three times less expensive than nickel batteries.
EV Companies without Iron LFP batteries will only have the supplies to compete for 20% of the EV market in 2015. If Tesla retains 60% of the nickel battery EV market, then legacy auto combined will have a maximum of 10% of the EV market in 2025. It will take a minimum of 2-3 years and probably longer to launch new iron LFP EV models and to build and adapt factories. EV Companies with 1-2% market share will have massive economies of scale disadvantages. They will also be using more expensive batteries with further cost disadvantages.
Ford's EV plans are for 240 GWh of annual global EV battery capacity by 2030 which would be enough for 2 million F150 Lightning. Ford and SK On have to actually execute to reach that level of battery production and Ford will have to make the factories to build the EVs and Ford will have to be able to successfully sell those EVs. Ford will get about 80% (up to 170-185 GWh) from SK On.
SK On's second plant in Georgia, US: 11 GWh
Ford and SK Innovation's SK On joint venture (BlueOvalSK): 129 GWh
1) Stanton, west Tennessee – Blue Oval City (43 GWh) – 2025
2) and 3) Glendale, central Kentucky – BlueOvalSK Battery Park (2x 43 GWh) – 2025
New JV in Turkey: 30-45 GWh
Total: 170-185 GWh or 70-77% out of 240 GWh total